Digital Transformation for Regional Bank
How CBA helped a regional bank modernize its core systems and launch new digital services.
Our client, a mid-sized regional bank with over 50 branches, was struggling with outdated legacy systems that were hindering their ability to compete in the digital age. They approached CBA with the goal of modernizing their core banking infrastructure and launching new digital services to better serve their customers.
CBA's solution involved:
1. Implementing our cloud-native core banking platform
2. Migrating existing customer data and accounts
3. Integrating with third-party fintech services via our Open Banking APIs
4. Launching a new mobile banking app and online portal
Results:
- 40% reduction in IT operational costs
- 60% faster time-to-market for new products
- 25% increase in customer satisfaction scores
- Successful launch of 5 new digital banking products within 6 months